Question: Question 6 2 pts You plan on going on a 6 month vacation 8 months from now. You can pay $4,457 per month during the
Question 6 2 pts You plan on going on a 6 month vacation 8 months from now. You can pay $4,457 per month during the vacation, or you can pay $26,626 today. If you pay today, how much does it save (or cost) you in present value term if your investments earn 3.1% APR (compounded monthly)? If it costs you more to pay today, state your answer with a negative sign (eg., -2000)
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